TRINITY PLACE CO. v. FIN. ADMINIS.


46 A.D.2d 373 (1974)

In the Matter of Trinity Place Company, Respondent, v. Finance Administrator of the City of New York et al., Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

December 30, 1974.


Attorney(s) appearing for the Case

James J. McGowan of counsel (Edward J. McLaughlin and Edith I. Spivack with him on the brief; Adrian P. Burke, Corporation Counsel), for appellants.

John L. Diamond (Harry H. Chambers with him on the brief), attorney for respondent.

McGIVERN, P. J., and NUNEZ, J., concur with YESAWICH, J.; MARKEWICH and LUPIANO, JJ., dissent and would affirm on opinion of Special Referee WILLIAM C. HECHT, JR.


YESAWICH, J.

This appeal is from a judgment reducing the real estate tax assessments for the tax years 1970-1971 through 1973-1974, on the southerly portion of a site occupied by the U. S. Steel building at 1 Liberty Plaza.

The site consists of two city blocks, separated by Liberty Street. The southern block has a ground area of 32,765 square feet and extends south to Cedar Street. The northern block...

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